I have been reading excellent bloggers this week on how to smartly title a blog post so that it gets noticed. Now normally I would think that a literary title about money might be savvy, but it turns out that I am wrong. All the smart bloggers I admire say simple is best. Apparently Google doesn’t really get literary flowery post titles. So what does that have to do with Money and Marriage? Well clearly this title is succinct. But essentially it tells you everything you need to know to buy the book. Money and Marriage. There is arguably no greater issue in a marriage than money. It can make your relationship challenging to say the least. Luckily author Matt Bell is here to help.
“Couples who disagree about finances at least once a week are over 30 % more likely to divorce than couples who disagree about finances a few times a month.”
Money and Marriage: A Complete Guide for Engaged and Newly Married Couples contains many excellent guides, charts and activities designed to help new couples discover more about each other’s financial goals, debts and worth. Remember that marriage course you had to take before you walked down the aisle? Well Money and Marriage is like that course, neatly contained in a book, for your finances. Matt Bell begins by outlining the many ways in which men and women are different in terms of spending, saving and investing. Men, for instance, follow business news more often than women. Men cite investing and entrepreneurship as high on their list. Women cite saving and spending as key issues with money. Women are more likely than men to give time and money to charity. If our approaches to money are so different, then is it any wonder than most couples argue about it a lot?
Financial literacy is nothing if not a hot topic these days in light if such severe economic woes in much of North America. Bell, also the author of Money, Purpose, Joy and Money Strategies for Tough Times, provides a helpful guide to start couples on the right track in their new lives together.
There are some helpful practical and common sense tips here, that I like. For instance, continue learning outside the workplace for as long as your are able, especially before children arrive. You increase your worth as a worker if you are always on top of trends and information. Also many workplaces have some sort of tuition reimbursement or cost savings program. Accelerate your payments whenever possible. Avoid debt and where you have debt prior to your marrige be honest with each other about it. Also contact the bank or credit card company to ask for a lower interest rate on your credit cards. Often this is a simple phone call and this is a practical strategy I use here as well.
For this review and book tour there is also an excellent contest going on. I hope every one of my readers takes time to enter. Thanks to Matt Bell for the great giveaway!
For this review and book tour there is also an excellent contest going on. I hope every one of my readers takes time to enter. Thanks to Matt Bell for the great giveaway!
Money and Marriage, by Mat Bell NavPress, 2011, $14.99 softcover, 219 pages
Thriftymommastips rating is $$$1/2 out of $$$$$. The price is right for this book about money. I learned a lot about how spending habits and investing strategies differ by gender.This is clearly an American book with US references throughout. That’s perfectly fine and Canadians can still use a lot of the common sense information here. I am unsure that prayer and money belong together in a book.
I received a free copy of this book to review. This, in no way impact my honest opinion.
Skees
Hey Paula,
Definitely a huge issue! I remember when DH and I did our marriage prep course the number of arguments over money and these couples hadn’t even made it to the altar yet. Fast forward 7 years to when we lead marriage prep and while the couples didn’t necessarily argue there were still a lot that didn’t know what the other person’s financial life looked like.
L
Kate {The Parchment Girl}
This sounds like a very practical book. I’m not married, but I grew up seeing my parents fight about money constantly and it almost drove them to divorce. If any other friends or family members announce an engagement, I’m sending them this book!